🧠 What is $FRAX ? (Stablecoin Explained Simply)
FRAX comes from the Frax Finance ecosystem, a project known for building decentralized stablecoins.
🔹 FRAX was originally designed as part of a stablecoin system, aiming to maintain stability around $1 using smart contracts instead of relying only on traditional banks.
🔹 The Frax ecosystem focuses on on-chain transparency and real asset backing to support its stable value model.
🔹 Stablecoins like FRAX play a key role in trading, DeFi, and digital payments.
📌 Why this matters:
Stablecoins are the backbone of crypto markets.
Projects like Frax aim to create stable digital money that works globally and on-chain.
⚠️ Always remember:
Not every market move reflects long-term stability.
Understand the asset before trading.
Knowledge protects capital 🧠💰
